PEPE $1 IS PROGRAMED š„šµš
Pepe Coin ($PEPE) is a cryptocurrency that has been making waves in the crypto world.
It was launched in 2023 and has since become one of the most successful meme coins.Ā
The team behind Pepe Coin recently burnt 6.9 trillion tokens, worth around $6 million, which caused the price to surge more than 30% on Monday.Ā
The remaining tokens are being used for strategic partnerships and marketing opportunities.
Pepe Coinās market cap is currently around $377 million, making it the third largest meme coin by market capitalization.Ā
The tokenās price has been on a steady rise, with a 24-hour trading volume of over $460 million.
The Pepe projectās latest token burn and shift of leadership comes after rogue developers made off with millions of dollarsā worth of PEPE tokens out of the projectās main multi-signature wallet back in August, which caused a token price crash at the time.
Ā However, the fact that the team only has 3.79 trillion tokens remaining (worth about $3.8 million) should ease concerns about more tokens being stolen and dumped on the market.
Pepe Coin price predictions are likely to have turned much more bullish in wake of the latest pump and amid the arrival of a new team to guide the project forwardĀ .
Technicals are also going strongly in PEPEās favor. The cryptocurrency broke above a downtrend that has been in play going all the way back to July on Monday.Ā If it can also get above its 100DMA at $0.00000094, then the door is open for a near 2x rally back to the summer highs in the $0.19 areaĀ .
Pepe Coin is a promising cryptocurrency with a strong community and an active development team.
While it is difficult to predict how high its price will go, it is clear that Pepe Coin has already made significant strides in the crypto world and has a bright future ahead of it.
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